Here's Our
STANDARD CONTRACT
For Your Review

NORTHERN LIGHTS LITERARY SERVICES LLC
306 North Center Valley Road
Sandpoint, Idaho 83864
Phone: 999 999-9999 – Fax: 888 888-8888

Dear (Author Name):

The following will delineate the terms and conditions of the working agreement between you and Northern Lights Literary Services LLC:

A. Duration:

As of the date this agreement is signed, Northern Lights Literary Services LLC, (306 North Center Valley Road, Sandpoint, ID, 83864, USA) shall serve as exclusive literary agent for (Author Name) (Author Address).  Either party may terminate this agreement by giving the other 30 days notice. Notice of termination must be in written form and sent by certified mail, return receipt requested, mailed to the address shown above and to (Author Name + Author Address); and by email to the client: (Author Email Address).

During the term of the agreement, (Author Name) (hereafter defined as "Client") authorizes Northern Lights Literary Services LLC (hereafter defined as "Literary Agent"), to negotiate for the disposition of Literary Rights to Client’s work (Name of Client’s Work) throughout the world. Client reserves final control over negotiations and any agreement disposing of the Literary Rights, which shall not be binding without Client’s signature.

C. How "Literary Rights" is Defined:

The term Literary Rights is defined to mean Publishing Rights, Motion Picture Rights, Stage Rights, Television Rights, Foreign Rights, Audio Rights, Electronic Rights, and Merchandising Rights to Client’s works. Literary Agent has the right to hire sub-agents for the disposition of the Motion Picture Rights, Stage Rights, Television Rights, and Foreign Rights. Merchandising rights shall be non-exclusive. Client is free to pursue independent merchandising activity. However, in order to prevent duplication of effort, Client agrees to promptly inform Literary Agent of any such activity.

D. Activity reports

Agent will provide Client with periodic email activity reports containing the following information: date, contact-name, response, and any appropriate notes or annotations. Literary Agent agrees to inform Client by email, no later than the next business day, of any new activity that occurs regarding the Client’s work being represented. In addition, Client may request an activity report from Literary Agent at any time, but not more often than twice per month.

E. Compensation and Reimbursement:

Literary Agent shall be compensated with a commission equal to 15% of Client’s gross receipts from the sale or other disposition of rights to Client’s works covered under this agreement. This does not include revenues paid to Client from existing or past agreements. If Literary Agent retains a sub-agent for the Foreign Rights, commission shall be 20% of all monies collected in Foreign Rights. With the exception of normal expenses, Literary Agent will be responsible for any payments to sub-agents that Literary Agent may incur.

F. Expenses:

When a work has been successfully sold in one of the markets under submission (domestic and/or foreign), advance approval will be obtained from the Client for any expense that Literary Agent may be asked to incur on Client’s behalf, and will be deducted from monies collected, in addition to Literary Agent’s commission. Copies of receipts and invoices for all approved expenses shall be made available to Client on a monthly basis.  Client is not responsible for any expenses if work is not sold by agent.

G. Payment to Client and Literary Agent:

Gross receipts shall be paid directly to Literary Agent. Within ten business days after receipt of payment, Literary Agent will pay Client all collected amounts, less listed expenses and agreed- upon commission. At that time literary agent will also provide Client with an accounting reflecting the gross receipts received, with the commissions and itemized expenses deducted therefrom. All commissions received by Literary Agent are paid irrevocably.

H. Effect of Sale of Rights after Termination of Agreement:

If Client sells or transfers Literary Rights in Client’s works to a person or a company to which Literary Agent submitted a proposal for the sale of those rights during the term of this agreement, then Literary Agent will be entitled to their full commission if the sale or transfer of rights takes place within one year after the agreement terminates. It is agreed that Literary Agent’s claim must be validated by providing Client with copies of previous activity reports, showing that the substantial reason for the sale was a direct result of the efforts of the Literary Agent. The Literary Agent’s right to be compensated for a sale or disposition of rights under this agreement, once earned, shall continue even after the agreement terminates.

I. Warranties, Representations, and Indemnification:

The parties each represent and warrant that they have the right to make this agreement without impairing anyone else’s rights, and that they agree not to make any commitment about the works that conflict with this agreement. The parties agree that they shall indemnify the other and hold the other harmless against any claim based on any alleged breach of the provision of this paragraph.

J. Disagreements:

If either party has a disagreement as to the interpretation of this agreement, the parties will attempt to resolve the disagreement through discussion. If the parties are unable to resolve the disagreement, the parties agree to submit the disagreement to binding arbitration before a single arbitrator chosen by the parties. If the parties are unable to agree on an arbitrator, the parties will each appoint a representative who will choose a single arbitrator. The parties agree to arbitrate the disagreement in accordance with and pursuant to the then existing rules of the American Arbitration Association. The parties also agree that an arbitrator may award reasonable costs and attorney fees to the winning party, and that the arbitration award may be enforced in any court with jurisdiction. Client has the right to the production of documents (discovery) and the right to depositions prior to the evidentiary hearing. The location of the arbitration shall be agreed upon between the parties.

K. Inspection of Books:

Upon written request, the Client or his representative shall have the right to examine the records of the Literary Agent pertaining to Client’s works. Any such examination shall occur not more than twice in a calendar year at the agency’s office during normal business hours and shall be arranged at a mutually agreeable time.

L. Successors and Assigns:

This agreement shall be binding on any and all successors and assigns of both parties.

M. Independent Review:

We recommend review of this agreement by independent counsel.
This shall set forth the entire agreement between Literary Agent and Client, and may not be modified, waived or added to except in writing and signed by both parties.

Northern Lights Literary Services LLC Agreed and accepted: